EconoSpeak
Friday, October 10, 2014

Be More Like Us

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In this morning’s New York Times I read: Wolfgang Schäuble, the German finance minister, speaking in Washington on Thursday, insisted tha...
Thursday, October 9, 2014

Slow steam, fat tails and a dismal theorem

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Paul Krugman's column the other day, invoking William Nordhaus's "demolition" of the forecasting model in The Limits to ...
1 comment:
Tuesday, October 7, 2014

Krugman, straw man, beggar, thief

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In his "Slow Steaming..." column today,  Paul Krugman blatantly misrepresented and trivialized  Mark Buchanan's argument: ...
6 comments:

Keep asking the wrong question, Paul Krugman, and you won't have to think about the answer.

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Krugman : "But it is, I think, a useful corrective to the rigorous-sounding but actually silly notion that you can’t produce more witho...
2 comments:
Monday, October 6, 2014

Problem: Kidneys Don’t Clear

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The quote of the day comes from Nicholas Colas of the broker-dealer firm ConvergEx Group on the use of Google autofill to uncover economic ...
Sunday, October 5, 2014

The Collapse of the Russian Ruble

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There has been little attention to this in the western media, but the Russian ruble has suffered a major decline in the last few months.  Ea...
11 comments:

Salmon Roasted

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I confess to being shocked by the exchange between Martin Wolf and Felix Salmon in this week’s New York Times Book Review.  First Salmon ha...
18 comments:

Exit, Voice and American Education

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Once upon a time we had Paul Goodman , A. S. Neill and widespread disenchantment with public education.  It was bureaucratic, conformist, t...
1 comment:
Friday, October 3, 2014

John Rawls and William S. Burroughs -- separated at birth?

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1 comment:

Slowly, it dawned on The Economist that there was a catch...

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From a special report, " Technology isn't Working ," in The Economist : The integration of large emerging markets into the g...

The Housing Crisis in San Francisco

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And not only San Francisco, but that’s the city in the news this morning .  There’s a ballot initiative to impose a 24% tax on developers wh...
1 comment:
Thursday, October 2, 2014

France, Germany and the Politics of “Reform”

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A showdown appears to be shaping up between France and Germany.  France’s new budget openly defies the “Stability and Growth” (sic) limits o...
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All I need to know about Iraq

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Cullen Murphy's 2007 book entitled 'The New Rome - The fall of an empire and the fate of America' includes some challenging obse...
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Is Daesh (aka "ISIS/ISIL/Islamic State") Salafist, Wahhabiist, Both, Something Else, And Does It Matter?

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A conundrum before I disappear for awhile to have eye surgery. So, "Daesh" is what most Arabs call this group that Anglophones s...
Wednesday, October 1, 2014

Public Infrastructure Investment: IMF v. Mankiw

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Abdul Abiad, David Furceri, and Petia Topalova report on a new analysis and sensibly state: Many advanced economies are stuck in a low gro...
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